About This Property
South Main comprises 20 low-income residential units in Eagle Butte, South Dakota, with a unit mix of four 1-bedroom, fourteen 2-bedroom, and two 3-bedroom apartments. The property was placed in service in 1999 and operates under 4% Low-Income Housing Tax Credit financing. A non-profit organization owns and manages the development.
Property Details
Fair Market Rent - Dewey County, SD
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $613 |
| 1 Bedroom | $806 |
| 2 Bedroom | $905 |
| 3 Bedroom | $1,195 |
| 4 Bedroom | $1,226 |
Income Limits - Dewey County, SD
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $14,750
- Very Low (50%)
- $24,550
- Low (80%)
- $39,300
- Extremely Low (30%)
- $17,420
- Very Low (50%)
- $28,050
- Low (80%)
- $44,900
- Extremely Low (30%)
- $21,960
- Very Low (50%)
- $31,550
- Low (80%)
- $50,500
- Extremely Low (30%)
- $26,500
- Very Low (50%)
- $35,050
- Low (80%)
- $56,100
- Extremely Low (30%)
- $31,040
- Very Low (50%)
- $37,900
- Low (80%)
- $60,600
- Extremely Low (30%)
- $35,580
- Very Low (50%)
- $40,700
- Low (80%)
- $65,100
- Extremely Low (30%)
- $40,120
- Very Low (50%)
- $43,500
- Low (80%)
- $69,600
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $46,300
- Low (80%)
- $74,100
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $14,750 | $24,550 | $39,300 |
| 2 Persons | $17,420 | $28,050 | $44,900 |
| 3 Persons | $21,960 | $31,550 | $50,500 |
| 4 Persons | $26,500 | $35,050 | $56,100 |
| 5 Persons | $31,040 | $37,900 | $60,600 |
| 6 Persons | $35,580 | $40,700 | $65,100 |
| 7 Persons | $40,120 | $43,500 | $69,600 |
| 8 Persons | $44,660 | $46,300 | $74,100 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Eagle Butte, SD?+
The Fair Market Rent (FMR) for Dewey County, SD is: $613 (Studio), $806 (1BR), $905 (2BR), $1195 (3BR), $1226 (4BR). Actual rent at subsidized properties like South Main is typically 30% of household income or less.
What size apartments are available at South Main?+
South Main offers the following unit types: 4 One-Bedroom, 14 Two-Bedroom, 2 Three-Bedroom units, for a total of 20 units.
What is the price range for apartments in Eagle Butte, SD?+
Based on Fair Market Rent for Dewey County, the estimated price range is: 1-bedroom: $806, 2-bedroom: $905, 3-bedroom: $1195. Actual rent at South Main may be lower for income-eligible households.
What are the income limits for affordable housing in Dewey County, SD?+
For a 4-person household in Dewey County, SD, the income limits are: Extremely Low Income (30% AMI): $26,500, Very Low Income (50% AMI): $35,050, Low Income (80% AMI): $56,100. These limits are set by HUD and updated annually.
How do I apply for housing at South Main?+
South Main is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
Who manages South Main?+
South Main is managed by . You can reach them at .
Walk Score
Almost All Errands Require a Car
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.